Analyst: Bitcoin Price Action Has Almost Fully Priced In Fed Rate Cut, Indicator Shows Short-Term Bullish Momentum Has Resumed

BlockBeats News, December 10th, CryptoQuant analyst Axel stated on social media that Bitcoin has regained its bullish structure after a pullback to $80,000. The background of this trend is that the market has almost fully priced in the Fed's third consecutive rate cut, which will improve financial conditions and open the window for further asset appreciation, assuming Powell does not signal a hawkish surprise.

Since the peak in October and the pullback to the $80,000 range, the price has shown a steady upward trend over the past 14 days. The key signal is that the slope of the 200-day moving average (DMA) (blue histogram) has turned positive for the first time in a month, indicating that short-term bullish momentum has been restored. The current price has crossed above both the 50-day and 200-day moving averages, confirming the trend. The 52-week high (orange line) forms a key resistance level—once broken, it will open up space for further upside.